Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (CIF) - 2022

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $37,029 per ton in 2022, growing by 8.4% against the previous year. In general, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($449,187 per ton), while the price for China ($9,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $78,672 per ton in 2022, with a decrease of -25.5% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $141,975 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($192,297 per ton), while the average price for exports to El Salvador ($37,355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+199.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia

After two years of decline, overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464 increased by 19% to 60 tons in 2022. In general, imports, however, saw a noticeable decrease.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $2.2M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 hit record highs in 2022 and are expected to retain growth in the near future.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy33736932564023.8%
United States12523520635241.2%
China18027727524510.8%
Austria10810818115713.3%
Spain176173145148-5.6%
Sweden7.93441266.5-6.3%
Others35931146066422.8%
Total1,2941,8171,7182,21319.6%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Colombia in 2022:

  1. China (25.2 tons)
  2. Italy (19.8 tons)
  3. United States (6.5 tons)
  4. Spain (4.4 tons)
  5. Austria (1.3 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia

In 2022, overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464 were finally on the rise to reach 375 kg after two years of decline. In general, exports, however, faced a precipitous contraction.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $30K in 2022. Over the period under review, exports, however, saw a precipitous curtailment.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A12.30%
United States5.60.2N/A7.510.2%
Ecuador5.1N/A1.87.212.2%
El SalvadorN/AN/AN/A2.30%
Peru0.71.13.30.2-34.1%
Venezuela13.7N/AN/AN/A0%
AustriaN/A6.42.0N/A-68.8%
Mexico95.226.2N/AN/A-72.5%
Honduras22.9N/AN/AN/A0%
OthersN/AN/A2.4N/A0%
Total14333.99.629.5-40.9%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Colombia in 2022:

  1. United States (183.0 kg)
  2. Brazil (64.0 kg)
  3. El Salvador (62.0 kg)
  4. Ecuador (62.0 kg)
  5. Peru (3.0 kg)

Source: IndexBox Market Intelligence Platform

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